How to become a Successful CEO

1. STARTUP COMPANY &
ENTREPRENURIAL SUCCESS
TOPIC NAME:-
INTRODUCED BY:-
Y. Sravan
Article Assistant(Tax & Acc)
ERNST & YOUNG(HYD)
(2018-2021)
Sunil Kumar Patro
Article Assistant(Tax & Acc)
ERNST & YOUNG(HYD)
(2018-2021)
Swatishree Gupta
Article Assistant(Audit & Acc)
ERNST & YOUNG(HYD)
(2018-2021)

2.  Startup is a Company that is in the First Stage of its
Operation. These Co. are often initially bankrolled by
their entrepreneurial founder as they attempt to
Capitalized on developing a product (or)Services.
 A startup is a way to translate academic inventions into
commercial goods and services that benefit the public.
 Also serve as an engine for local economic development
and job creation.
Sravan , Sunil & Swati16-Mar-19

3. sunil
Welcome & Introduction.
Rewards & drawbacks of entrepreneurship.
Business Entry Strategies.
The Business Plan.
Legal & Regulatory Compliance.
Choosing a form of ownership.
Debt & Equity financing.
Where do I go from here.
Sravan , Sunil & Swati16-Mar-19

4. Profit:-
Freedom from the limits of standardized pay for
standardized work.
Independence:-
Freedom from supervision and the rules of
bureaucratic organizations.
Satisfying Way of Life:-
Freedom from routine, boring, unchallenging
jobs.
Sravan , Sunil & Swati16-Mar-19

5.  Uncertainty of income.
 Risk of losing entire investment.
 Long hours and hard work.
 Lower quality of life until the business gets established.
 Complete responsibility.
Sravan , Sunil & Swati16-Mar-19

6. 1. Passion.
2. Persistence.
3. High need for achievement.
4. Willingness to take measured risks.
5. Self-confidence and self-reliance.
6. High energy level.
7. Desire for responsibility.
8. Open Minded.
9. Responsiveness to opportunities.
10. Self -Starter.
sunil Sravan , Sunil & SwatiSravan , Sunil & Swati16-Mar-19

7.  Strategic Focus (Leadership,Management & Planning).
 People (Personnel ,Learning & Development).
 Operations (Process , Work ).
 Marketing ( Customer Relatins , Sales & Responsiveness).
 Finance ( Assets , Facilities & Equipment).
Sravan , Sunil & Swati16-Mar-19

8. To start with Good People.
To Make Something Customers actually Want.
To Spend As Little Money As Possible .
Have Pride in How far you Have Come.
Have faith in How far you can go.
Do not be afraid of change it is Leading you to New beginning.
Dear future I am Ready .
Sravan , Sunil & Swati16-Mar-19

9. 1. Be a Keepeer of the Company Vision.
2. Absorb the Pain for the term.
3. Find the Smartest people & Defer on Domain Expertise.
4. Be Good link b/w the Company + Investors.
5. Be Good link b/w the Company + Product.
6. Be able to Learn the Job.
7. No Experience Almost Preferred.
8. Stay on top of Trends & Tech Shifts.
9. Never Turn Down a Conversation.
10. Put the Right People in Right Seats.
Sravan , sunil & Swati16-Mar-19

10. 1. Never stop Learning.
2. Save Your Health.
3. Proper Accounts Maintainance.
4. No Credit.
5. Records Keeping (Long run Help).
6. Buy In Bulk.
7. Passive Income Sources ( increase )
8. Focus Your Active Income In Your 20’s
sunil Sravan , Sunil & Swati16-Mar-19

11. sunil
Here are the 15 most profitable industries in 2018, ranked
by net profit margin:
1. Accounting, tax prep, bookkeeping, payroll services: 18.3%
2. Legal services: 17.4%
3. Lessors of real estate: 17.4%
4. Outpatient care centers: 15.9%
5. Offices of real estate agents and brokers: 14.8%
6. Offices of other health practitioners: 14.2%
7. Offices of dentists: 14.1%
8. Specialized design services: 12.8%
9. Automotive equipment rental and leasing: 12.5%
10. Activities related to real estate: 12.3%
11. Warehouse and storage: 11.6%
12. Offices of physicians: 11.5%
13. Nonmetallic mineral mining and quarrying: 11.2%
14. Medical and diagnostic laboratories: 11.1%
15. Other schools and instruction: 10.5%
Sravan , Sunil & Swati16-Mar-19

12. sunil
Prior Work
Experience
45%
Family Business
6%
Other
4%
Chance Happening
11%
Education/Courses
6%
Suggestion
7%
Personal Interest/Hobby
16%
Friends/Relatives
5%
Sources of Startup Ideas
Source: Data developed and
provided by the National Federation
of Independent Business Foundation
and sponsored by American Express
Travel Related Services Company,
Inc.
Sravan , Sunil & Swati16-Mar-19

13. sunil
The Business Plan
Presents the business opportunity and how
you will take advantage of it.
Helps you think about the business in a systematic
and disciplined way.
Provides a blueprint for building your business
over the next three to five years.
Used for presenting your ideas to lenders,
investors, creditors, customers, managers.
Sravan , Sunil & Swati16-Mar-19

14. sunil
 Register your business name.
 Get a state business license (if needed).
 Get a city/county business license.
 Get a federal/state tax ID number.
 Comply with minimum wage/overtime laws.
 Make arrangements for paying taxes.
 Make arrangements for statutory benefits.
Sravan , Sunil & Swati16-Mar-19

15.  Personal Savings.
 Friends and Relatives.
 Suppliers.
 Banks.
 Government Programs.
 Individual Investors (Angels).
 Venture Capital.
 Sale of Stock.
sunil Sravan , Sunil & Swati16-Mar-19

16. sunil
Choosing an Ownership Form
Organizational costs.
Limited versus unlimited liability.
Continuity.
Transferability of ownership.
Management control.
Raising new equity capital.
Income taxes.
Sravan , Sunil & Swati16-Mar-19

17.  Credit card.
 Signature loan.
 Relatives and friends.
 Collateralized bank loan.
 Commercial loan.
 SBA Guaranteed Loan.
 Six-County RLF.
 Six-County TBAF.
 Other.
sunil Sravan , Sunil & Swati16-Mar-19

18.  Bank makes loan, SBA guarantees between 75 to 85 percent.
 Interest rate capped at prime plus 2.25 to 2.75.
 Repayment terms usually seven years (longer for equipment).
 Contact: Local SBA lender.
 Service Corps of Retired Executives (SCORE)
 Business Information Center (BIC)
 Partnership with SBA, SBDC, SCORE, Ogden City
 Market research resources, computers, training and counseling services
sunil Sravan , Sunil & Swati16-Mar-19

19. sunil
ProNet
Purpose and explanation
http://pro-net.sba.gov/
8A Program
Purpose and explanation
www.sba.gov/gcbd
Sravan , Sunil & Swati16-Mar-19

20. THANK YOU
TO ICAI
FOR GIVEN
THIS OPPORTUNITIES
- 16-Mar-19DATE
PLACE - BERHAMPUR